Saudi, US Oil Inventories Hit Record High as Demand Fizzles by Wolf Richter • Oct 19, 2015 • 18 Comments Crude oil inventory buildup points at a potential fiasco by next spring.
The Dismal Thing Schlumberger Just Said about US Oil by Wolf Richter • Oct 18, 2015 • 27 Comments 2016 to be brutal. But then, dreams of “a potential spike in oil prices.”
Shell Oil Loses $7 Billion in US Arctic, Leaves it For Dead by Nick Cunningham • Sep 28, 2015 • 6 Comments Casualty of much more than just the oil price collapse.
This is When Bonds Go Kaboom! by Wolf Richter • Sep 27, 2015 • 17 Comments The toxic miasma of “distressed debt.”
‘Sanction Spiral’: Russian Natural Gas Exports to Europe Soar by Wolf Richter • Sep 25, 2015 • 10 Comments A collapsed price, a lot of money, and some shrewd traders.
A Spinoff Goes to Heck, after Just 10 Months by Wolf Richter • Sep 17, 2015 • 15 Comments Wall Street engineering at its best. Investors now get their hands burned off.
“There’s Just No Cash”: Oil Bust in Canada Hits Creditors by Oilprice.com • Sep 14, 2015 • 6 Comments What happens when an entire industry, even at higher oil prices, can no longer service its debt?
Oil Suddenly Gets Ugly in Mexico by Don Quijones • Sep 9, 2015 • 1 Comment Toxic mix? Chesapeake’s ex-CEO McClendon teams up with Mexican ex-president Fox.
Revenue Recession Spreads past Dollar, Energy by Wolf Richter • Sep 7, 2015 • 37 Comments Not seen since the Financial Crisis.
The Default Next Move For Oil Is Down, And Here’s Why by Oilprice.com • Sep 6, 2015 • 16 Comments Panic seems like a strong word, but….
